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Bonheur ASA (OSL:BONHR) Cyclically Adjusted Price-to-FCF : 13.54 (As of May. 15, 2024)


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What is Bonheur ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Bonheur ASA's current share price is kr251.50. Bonheur ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr18.57. Bonheur ASA's Cyclically Adjusted Price-to-FCF for today is 13.54.

The historical rank and industry rank for Bonheur ASA's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

OSL:BONHR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.86   Med: 32.45   Max: 161.11
Current: 13.14

During the past years, Bonheur ASA's highest Cyclically Adjusted Price-to-FCF was 161.11. The lowest was 7.86. And the median was 32.45.

OSL:BONHR's Cyclically Adjusted Price-to-FCF is ranked better than
62.68% of 209 companies
in the Conglomerates industry
Industry Median: 18.37 vs OSL:BONHR: 13.14

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Bonheur ASA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr23.397. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is kr18.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bonheur ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bonheur ASA's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bonheur ASA Cyclically Adjusted Price-to-FCF Chart

Bonheur ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.56 132.14 156.36 49.92 45.17

Bonheur ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.16 31.10 37.33 45.17 12.90

Competitive Comparison of Bonheur ASA's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Bonheur ASA's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bonheur ASA's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Bonheur ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bonheur ASA's Cyclically Adjusted Price-to-FCF falls into.



Bonheur ASA Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Bonheur ASA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=251.50/18.57
=13.54

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bonheur ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bonheur ASA's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=23.397/131.9000*131.9000
=23.397

Current CPI (Mar. 2024) = 131.9000.

Bonheur ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -11.547 97.500 -15.621
201409 -29.280 98.500 -39.208
201412 -0.518 98.600 -0.693
201503 -7.052 99.200 -9.377
201506 16.008 100.100 21.093
201509 -5.948 100.600 -7.799
201512 4.487 100.900 5.866
201603 21.484 102.500 27.646
201606 12.996 103.800 16.514
201609 51.326 104.200 64.970
201612 17.764 104.400 22.443
201703 10.648 105.000 13.376
201706 17.319 105.800 21.591
201709 15.311 105.900 19.070
201712 -0.496 106.100 -0.617
201803 -7.594 107.300 -9.335
201806 -4.992 108.500 -6.069
201809 -10.665 109.500 -12.847
201812 16.164 109.800 19.417
201903 7.721 110.400 9.225
201906 -4.989 110.600 -5.950
201909 8.612 111.100 10.224
201912 -3.035 111.300 -3.597
202003 1.004 111.200 1.191
202006 -24.882 112.100 -29.277
202009 -28.524 112.900 -33.324
202012 -5.632 112.900 -6.580
202103 0.301 114.600 0.346
202106 -4.625 115.300 -5.291
202109 6.631 117.500 7.444
202112 13.063 118.900 14.491
202203 16.472 119.800 18.136
202206 -4.502 122.600 -4.844
202209 1.368 125.600 1.437
202212 21.692 125.900 22.726
202303 24.668 127.600 25.499
202306 5.050 130.400 5.108
202309 2.354 129.800 2.392
202312 2.531 131.900 2.531
202403 23.397 131.900 23.397

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Bonheur ASA  (OSL:BONHR) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Bonheur ASA Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Bonheur ASA's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Bonheur ASA (OSL:BONHR) Business Description

Industry
Traded in Other Exchanges
Address
Fred Olsens Gate 2, P.O. Box 1159, Sentrum, Oslo, NOR, 0107
Bonheur ASA was initially a Norwegian shipping company. Currently, the company is engaged in several businesses. It provides services through four segments, namely, Other Investments, Renewable Energy, Cruise, and Wind Services. The renewable energy segment is engaged in the development, construction, and operation of wind farms in Scotland, Norway, Sweden, Ireland, Italy, and the USA. The wind Service segment is engaged in logistics and services within the offshore wind industry. Cruise owns and operates four cruise ships and provides a diverse range of cruises, and The other investments segment has investments within media, real estate, bonds and shares.

Bonheur ASA (OSL:BONHR) Headlines

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